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Stock Market & Financial Investment News

News Breaks
January 9, 2013
12:47 EDTVLKAYVolkswagen to seek to take full control of majority-owned MAN SE
Volkswagen announced it is seeking to conclude a domination and profit and loss transfer agreement with MAN SE and will start talks on this subject with MAN SEs Executive Board. Entering into a domination and profit and loss transfer agreement is designed to enable Volkswagen and MAN to strengthen and simplify their cooperation, thereby increasing the competitiveness of both companies and is a further milestone on the road to creating an integrated commercial vehicles group, Volkswagen said. Volkswagen currently holds 75.03% of the voting rights in MAN SE. The Volkswagen Group said its goal is to quickly initiate the steps necessary for concluding the domination and profit and loss transfer agreement and that further details will be provided by the companies.
News For VLKAY From The Last 14 Days
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March 5, 2015
18:32 EDTVLKAYVolkswagen to announce $1B Mexican investment next week, Reuters reports
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12:54 EDTVLKAYNavistar jumps after TheDeal speculates on potential for company to be acquired
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March 3, 2015
13:22 EDTVLKAYMarchionne says he has ideal merger partner in mind, Reuters reports
Fiat Chrysler (FCAU) is exploring various options for M&A activity, said the company's CEO,Sergio Marchionne , according to Reuters. Marchionne added that he had an ideal partner in mind, and would not disclose its identity, but said that it is not Volkswagen (VLKAY), the news service reported. Reference Link
10:51 EDTVLKAYVolkswagen reports February U.S. sales down 5.2% to 25,710 units
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February 25, 2015
07:20 EDTVLKAYVolkswagen CEO views Renschler, Diess as possible successors, Reuters reports
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February 24, 2015
13:13 EDTVLKAYTesla Model S named 'best overall' by Consumer Reports
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